Bristow Q2 Net Income Hits $21.2M, Berry Aviation Deal Closes
Houston – October 12, 2026 -- Bristow Group (NYSE: VTOL) lifted second-quarter 2026 net income to $21.2 million, or $0.70 per diluted share, from $13.1 million, or $0.44, in the first quarter. Total revenues rose to $411.8 million from $388.7 million, and Adjusted EBITDA climbed to $79.8 million from $59.3 million.
The company completed its acquisition of Berry Aviation and affirmed its 2026 Adjusted EBITDA outlook of $295 million to $325 million. It also updated its segment guidance.
Berry Aviation adds special mission capacity for U.S. government customers
CEO Chris Bradshaw said the deal brings "differentiated special mission capabilities" and long-standing relationships with U.S. defense and government customers. He said Bristow can hold its guidance despite macro uncertainty and continued supply chain challenges, citing the geographic and customer diversity of its segments.